https://www.taxtmi.com/highlights?id=103008 State-law registration required for educational approval under section 10(23C)(vi) was satisfied once registration with the competent Devsthan authority had been obtained, so absence of registration could not support rejection. Compliance with mandatory State or local registration requirements remains necessary. Trustee ownership of land used for educational infrastructure, without evidence of siphoning, private appropriation, diversion of funds or pecuniary advantage, does not establish private benefit. Incidental surplus from educational activities also does not demonstrate a profit motive where retained and applied to educational infrastructure and facilities. Approval was directed because the institution operated solely for education and not for profit. en-us Mon, 24 Aug 2026 08:33:56 +0530 Mon, 24 Aug 2026 08:33:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=103008 State-law registration required for educational approval under section 10(23C)(vi) was satisfied once registration with the competent Devsthan authority had been obtained, so absence of registration could not support rejection. Compliance with mandatory State or local registration requirements remains necessary. Trustee ownership of land used for educational infrastructure, without evidence of siphoning, private appropriation, diversion of funds or pecuniary advantage, does not establish private benefit. Incidental surplus from educational activities also does not demonstrate a profit motive where retained and applied to educational infrastructure and facilities. Approval was directed because the institution operated solely for education and not for profit. Highlights Income Tax Mon, 24 Aug 2026 08:33:56 +0530 https://www.taxtmi.com/highlights?id=103008